File Edit Format View Help A bond has a par value of $1,000, pays $70 semiannually and has a maturity of 15 years. If the bond earns 12% per year, what is the price of the bond? What is the yield to maturity for the bond? What would be the bond's price if the rate earned declined to 8% per year? If the maturity period is reduced to 10 years and the required rate of return is 8%, what would be the price of the bond? What is the yield to maturity for the bond when the maturity is 10 years and the required rate of return is 8%? gn